Saturday, December 02, 2017

We pay for the clean-ups - they get the profits

Trump’s administration announced Friday that it won’t require mining companies to prove they have the financial wherewithal to clean up their pollution, despite an industry legacy of abandoned mines that have fouled waterways across the U.S.A.

Externalized costs are costs of production that someone else pays. 

 Mining groups pushed back against a proposal under former President Barack Obama to make companies set aside money for future cleanup costs. The proposal applied to hard-rock mining, which includes precious metals, copper, iron, lead and other ores. Coal mines already were required to provide assurances that they’ll pay for cleanups under a 1977 federal law. Hard-rock mining companies would have faced a combined $7.1 billion financial obligation under the dropped rule, costing them up to $171 million annually to set aside sufficient funds to pay for future cleanups, according to an EPA analysis. Hard-rock mines in the U.S. produced about $26.6 billion worth of metals in 2015.

The U.S. mining industry has a long history of abandoning contaminated sites and leaving taxpayers to foot the bill for cleanups. Thousands of shuttered mines leak contaminated water into rivers, streams and other waterways, including hundreds of cases in which the EPA has intervened, sometimes at huge expense.

The EPA spent $1.1 billion on cleanup work at abandoned hard-rock mining and processing sites across the U.S. from 2010 to 2014. Since 1980, at least 52 mines and mine processing sites using modern techniques had spills or other releases of pollution, according to documents released by the EPA last year. In 2015, an EPA cleanup team accidentally triggered a 3-million gallon spill of contaminated water from Colorado’s inactive Gold King mine, tainting rivers in three states with heavy metals including arsenic and lead.

The US Senate also passed a bill allowing oil drilling in Alaska's Arctic National Wildlife Refuge. The 19.6-million acre refuge in northeastern Alaska is one of the most pristine areas in the United States and is home to polar bears, caribou, migratory birds and other wildlife. Billions of barrels of crude oil lie beneath grounds in the refuge known as the "1002 area".


Jamie Williams, President of The Wilderness Society said, "It’s outrageous that the oil lobby and their allies in Congress are trying to destroy the crown jewel of America’s wildlife refuge system after nearly four decades of bipartisan support for protecting it."

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